Nothing To Do, Nowhere To Go 0
For all practical purposes, no change: Still above 300k.
(snip)
The number of people continuing to receive jobless benefits dropped by 79,000 to 2.51 million in the week ended July 5, the fewest since June 2007. The unemployment rate among people eligible for benefits fell to 1.9 percent from 2 percent, today’s report showed.
Bloomberg is all a-twitter with optimism because it was lower than their experts predicted, forgetting that that is ultimately a meaningless observation.
